Carlton closes GBP35m land loan in Oxfordshire
Carlton Group has arranged the closing of a GBP35m land loan on behalf of one of the UK’s most successful commercial and residential developers.
The loan is secured by a 1,200 acre estate located in Oxfordshire, England, 70 miles west of London.
The property, known as Heyford Park, consists of 1.3 million square feet of commercial space and 315 occupied residential homes, with rights to develop an additional 760 residential units. Over 1,000 people work at Heyford Park and amenities include a sports centre, playing fields, church, community centre, nursery and supermarket.
Last year Carlton completed the largest single discounted loan payoff in Europe when it raised the capital to pay off a EUR250m loan that was secured by the Four Seasons Hotel in Milan, Italy.
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